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Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
Verizon Communications trades on the NYSE stock market under the symbol VZ.
As of June 9, 2026, VZ stock price climbed to $45.78 with 23,131,532 million shares trading.
VZ has a beta of 0.15, meaning it tends to be less sensitive to market movements. VZ has a correlation of 0.01 to the broad based SPY ETF.
VZ has a market cap of $191.18 billion. This is considered a Large Cap stock.
Last quarter Verizon Communications reported $34 billion in Revenue and $1.28 earnings per share. This fell short of revenue expectation by $-457 million and exceeded earnings estimates by $.07.
In the last 3 years, VZ traded as high as $51.68 and as low as $10.60.
The top ETF exchange traded funds that VZ belongs to (by Net Assets): VTI, VOO, SCHD, IVV, SPY.
VZ has underperformed the market in the last year with a price return of +10.8% while the SPY ETF gained +24.3%. VZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.1% and -5.3%, respectively, while the SPY returned +9.9% and -1.2%, respectively.
VZ support price is $44.81 and resistance is $46.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VZ shares will trade within this expected range on the day.